$LTC 🚀 🚀BULLISH 🚀 🚀
LTC/USDT Trade Setup (As of Price: $100.97 | Volume: $46.27M)
Technical Overview:
Current Price: $100.97 — key psychological level and technical pivot.
24h Volume: $46.27M — healthy volume, indicating active participation and potential for continuation moves.
Recent Trend: Likely in an uptrend or emerging from a consolidation zone near the $100 mark.
Support & Resistance Levels:
Support:
$98.00 – Previous consolidation base.
$95.00 – Strong historical support and demand zone.
Resistance:
$104.50 – Recent swing high or rejection area.
$110.00 – Major resistance and psychological round number.
Indicators Assumed (Typical Setup):
RSI (14): Likely around 60–65 — momentum building but not overbought.
MACD: Bullish crossover or divergence seen, supporting upward momentum.
Moving Averages:
50 EMA: Below price — bullish trend support.
200 EMA: Price possibly crossed above recently — medium-term bullish signal.
Trade Scenarios
Scenario 1: Breakout Play
Entry: On confirmed breakout above $104.50
Targets:
TP1: $108.00
TP2: $110.00
Stop Loss: Below $99.50
Risk-Reward Ratio: ~1:2 or better
#BinanceHODLerNXPC BinanceAlpha$1.7MReward